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Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s):  CNQ

Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment are focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project. Within Western Canada in the Midstream and Refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.


TSX:CNQ - Post by User

Comment by Antonyiuson Feb 07, 2022 3:19pm
296 Views
Post# 34406003

RE:RE:RE:CNQ/Suncor

RE:RE:RE:CNQ/Suncor This is what I posted from another board but... I see a lot of people compare Suncor and cnrl in real life as well so I'll chime in but there is quite a bit of difference. Cnrl turned a profit back in Q3 of 2020 making 408 million with $40 wti price when Suncor was still losing money in Q4 with wti at $48.5. Suncor ended up losing over 4 billion in 2020, 10 times more than CNRL did. Even when they returned to profitability, CNRL was generating almost double the earnings compared to Suncor. CNRL didn't cut their dividends while Suncor had to by 55%. Just my two cents.
jx7000 wrote: Six of one, half a dozen of the others; SU is paying a 4.5% div vs CNQ's 3.5%. If SU bumps its div even a little bit, would that change your mind (I own both)? 


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